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Letter to BioCentury: BIO initiatives to improve access to the capital markets
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Letter to BioCentury: BIO on capital access
Monday, April 28, 2014
Industry Organization (BIO) is a strong supporter of effective capital
markets, and we hope the April 14 guest commentary, "Reducing the Burden
of Disclosure," will draw attention to these important issues. It is
critically important for innovative biotechnology companies that do not yet
have product revenue to focus investor dollars on the search for cures and
breakthrough medicines rather than divert these funds for cumbersome disclosure
We were very supportive of the
Jumpstart Our Business Startups (JOBS) Act, and continue to be deeply engaged
in its implementation. In the two years since its passage, more than 80 biotech
companies have gone public using provisions included within the JOBS Act.
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